160 Railroad Avenue, Pearl River, NY 10965

$645,000
6
BD
4
BA
2,808
SqFt
Sold Price
$645,000
Days on Market
104
Closing Date
Oct 14, 2021
MLS#
H6126440
Status
CLOSED
Property Type
Multi Family
Style
Colonial
Year Built
1973
Property Tax
$17,802
Neighborhood
Orangetown
School District
Pearl River
High School
Pearl River High School
Jr. High
Pearl River Middle School
Elementary School
Evans Park School

Property Description

This completely updated duplex is perfect for either the investor or buyer that wants all their taxes paid, utilities and mortgage subsidized. Each unit has it own garage, deck and finished basement. The current rent roll is $64,800 and the tenants pay all of their own utilities. One unit has a new lease and the other is month to month. Your monthly payments after factoring in the $2900 in rental income with 3.5% down (@ 3.25% rate) would be approximately $1600 (not including utilities) Why rent, when you can own for substantially less! Attention Investors, with 25% down (@ 3.50 rate) this is cash positive with an approximate monthly return of $1600.

Additional Information

Bedrooms
6
Bathrooms
4
Full Baths
4
Square Footage
2,808
Acres
0.56
Parking
Attached, 2 Car Attached, Driveway
Basement
Finished
Heating
Natural Gas, Baseboard
Cooling
Window Unit(s)
Water
Public
Sewer
Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Steven Weiss (steven.weiss@redfin.com) from Listing Office: Redfin Real Estate.

Selling Office: Houlihan Lawrence Inc..

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